7516 Olde Mill Road, Southport, FL 32409 (MLS# 796196)

7516 Olde Mill Road, Southport, FL 32409

New Listing

$349,900

Property Type: Residential Bedrooms: 2 Baths: 4 Square Footage: 1,080 Lot Size (sq. ft.): 118,048 Status: Active

Current Price: $349,900 List Date: 10/02/2026 Last Modified: 10/02/2026

Overview

Description

Rare opportunity to own 2.71 acres of waterfront property on Gainer Bayou in Southport! Situated on a gated corner lot at Olde Mill Road and County Road 2321, this unique property offers plenty of space, privacy and direct bayou frontage. The property includes an existing 2-bedroom, 2-bath home with approximately 1,080 square feet, along with a detached workshop/storage structure and a fully fenced perimeter. Whether you're looking for a waterfront homesite, room for your boats and recreational equipment, a renovation project, or property with future development potential, this acreage offers numerous possibilities. Enjoy the peaceful setting of North Bay County while remaining convenient to Panama City, Lynn Haven, shopping, dining and area recreation. Properties combining waterfront, acreage and this much usable space are increasingly difficult to find. Bring your vision and take advantage of the possibilities offered by this 2.71-acre Gainer Bayou property. Buyer to verify … (Read more)

Listing Details MLS# 796196

Contract Info

List Price/SqFt: 323.98

Location

Area: 02 – Bay County – Central
Street #: 7516
Street Name: Olde Mill
Street Suffix: Road
State: FL
Zip Code: 32409
County: Bay
Sub Area: 0201 – Bay – Central NE
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Parcel ID: 07865-010-000
Elementary School: Deane Bozeman
Middle School: Deane Bozeman
High School: Deane Bozeman
Directions: From Panama City, travel north on Hwy 77 toward Southport. Turn right onto County Road 2321 (Highway 2321). Continue to Olde Mill Road. Property is located on the corner of Olde Mill Road and CR 2321. Look for real estate sign.
Legal Description: 26 2S 14W-3.9-83A BEG 926.37' W & 907' S OF NE COR OF W 1/2 OF SE1/4 OF NW1/4 TH S 338.7' TO N R/W ST RD 77A E 304.67' NELY 311.75' W 438.85 ' TO POB ORB 814 P 91 OR

General Property Info

Sub-Type: Detached Single Family
Design: Cabin
Apx SqFt(Htd/Cooled): 1080
SqFt Source: Prop App Site
Full Baths: 2
Half Baths: 2
Total Baths: 4
Accessory Dwelling Unit: No
Year Built: 1966
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 338.0 ft x 350.0 ft
Acreage: 2.71
Lot Size (SqFt): 118048
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 417.26
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Rare opportunity to own 2.71 acres of waterfront property on Gainer Bayou in Southport! Situated on a gated corner lot at Olde Mill Road and County Road 2321, this unique property offers plenty of space, privacy and direct bayou frontage. The property includes an existing 2-bedroom, 2-bath home with approximately 1,080 square feet, along with a detached workshop/storage structure and a fully fenced perimeter. Whether you're looking for a waterfront homesite, room for your boats and recreational equipment, a renovation project, or property with future development potential, this acreage offers numerous possibilities. Enjoy the peaceful setting of North Bay County while remaining convenient to Panama City, Lynn Haven, shopping, dining and area recreation. Properties combining waterfront, acreage and this much usable space are increasingly difficult to find. Bring your vision and take advantage of the possibilities offered by this 2.71-acre Gainer Bayou property. Buyer to verify all measurements, zoning, development potential and waterfront access important to the buyer.

Interior Features

Breakfast Bar: Yes
Ceiling – Raised: Yes

More Information

Exterior

Balcony: Yes
Deck Covered: Yes
Fenced Back Yard: Yes
Patio Enclosed: Yes
Porch Covered: Yes

Other Structures

Garage(s): Yes
Workshop: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Interior

Floor – Carpet: Yes

Living Room

First: Yes

Lot Features

Waterfront: Yes

Lot Access

City Street: Yes

Rooms

Bedroom: Yes
Living Room: Yes

Utilities

Electricity – Connected: Yes

Waterview

Bayou: Yes

Sale Type

As Is: Yes

Waterfront Type

Bayou w/ Gulf Access: Yes

Bedroom

Second: Yes

Heating

Central: Yes

Property Features

Bedroom: Second Heating: Central Exterior: Balcony; Deck Covered; Fenced Back Yard; Patio Enclosed; Porch Covered Financing: Cash; Conventional Furnished: Unfurnished Interior: Floor – Carpet Living Room: First Lot Features: Waterfront Lot Access: City Street Other Structures: Garage(s); Workshop Rooms: Bedroom; Living Room Sale Type: As Is Utilities: Electricity – Connected Waterfront Type: Bayou w/ Gulf Access Waterview: Bayou

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	25 x 15	25.00	15.00
Bedroom	Second	14 x 8	14.00	8.00

Listing Office: Emerald Coast Realty Group

Last Updated: October – 02 – 2026

Information deemed reliable but not guaranteed.